Private Equity
Yorkville Advisors, which formally opened its first Asian office last month, has appointed Katsutomo Fujimoto as senior advisor for Japan.
2 min read · 05 January 2013
Deutsche Bank's alternative asset management business RREEF bought a 'significant minority' stake in Aldus in 2007, at a time when Aldus founding partner Saul Meyer considered backing out of an arrangement in which his firm was allegedly paying illegal kick-back fees.
2 min read · 05 January 2013
Private equity veteran Tom Lee said his firm is looking to invest without leverage in both 'good' and 'bad' banks. Meanwhile, Apollo is eyeing various credit opportunities including providing DIP financing and LBO loans, as well as buying debt in companies it 'knows well' like former portfolio company Intelsat.
2 min read · 05 January 2013
London-based law firm SJ Berwin is planning to open an office in Dubai, the first for the firm in the Middle East.
1 min read · 05 January 2013
3i Germany is losing managing director and group partner Stephen Kruemmer to ‘personal reasons’ as of tomorrow. He will be jointly replaced by current partners Ulf von Haacke and Peter Wirtz.
2 min read · 05 January 2013
Akshaya Prasad has relinquished his role as Goldman's head of Indian infrastructure to join London-based Greater Pacific Capital as co-head of its Indian busines.
1 min read · 05 January 2013
Panellists at the PEI Forum: Asia tell delegates in Hong Kong that the private equity industry in the region does not need a radical change in approach, but must accept the boom years are over.
2 min read · 05 January 2013
Eighteen individuals have joined the bank's ‘asset management institutional distribution team’ – which includes private equity fund placement and will be led from Europe by Remy Kawkabani – at a time when the value of placement agents is being called into question by some of the industry’s most influential players.
2 min read · 05 January 2013
Andrew Hartley, a founder of UK mid-market firm August Equity, has joined direct secondaries investor Chamonix Private Equity. The direct secondaries market is ‘the place to be’ as deal flow from financial institutions increases, he says.
2 min read · 05 January 2013
The London-listed fund of funds has decided it will continue life as a listed investment trust, but will not be making any meaningful new fund commitments for up to two years.
2 min read · 05 January 2013